Eversource Energy (ES) To Go Ex-Dividend on September 21st

Eversource Energy (NYSE:ES) announced a quarterly dividend on Thursday, September 10th. Shareholders of record on Monday, September 21st will be given a dividend of 0.7875 per share by the utilities provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Monday, September 21st.

Eversource Energy has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Eversource Energy has a dividend payout ratio of 63.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Eversource Energy to earn $4.95 per share next year, which means the company should continue to be able to cover its $3.15 annual dividend with an expected future payout ratio of 63.6%.

Eversource Energy Stock Performance

NYSE:ES opened at $67.74 on Friday. Eversource Energy has a fifty-two week low of $63.44 and a fifty-two week high of $76.57. The company has a 50 day moving average price of $71.86 and a 200 day moving average price of $70.75. The stock has a market capitalization of $25.52 billion, a P/E ratio of 17.55, a PEG ratio of 2.99 and a beta of 0.69. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.80.

Eversource Energy (NYSE:ES) last released its earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.87. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The company had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business earned $0.96 EPS. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Equities research analysts forecast that Eversource Energy will post 4.65 EPS for the current year.

Eversource Energy Company Profile

Eversource Energy is a public utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers in the northeastern United States. Through its regulated utility subsidiaries, the company operates electric distribution systems, natural gas distribution networks and electric transmission infrastructure.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire. Its operations include maintaining utility infrastructure, connecting customers to energy services, managing power delivery and investing in projects designed to support system reliability and the transition to cleaner energy.

The company traces its history to Northeast Utilities, which adopted the Eversource Energy name in 2015.